Life Sciences: Mapping Occupiers across major Australian Cities

Australia has a robust Healthcare and Life Sciences industry, supported by population growth, aging demographic, reputation for scientific research and Government support. The Healthcare sector comprises $270bn of spend, growing at +3.5%pa. For real estate investors, there are opportunities across the stack including R&D labs, medical manufacturing, hospitals, medical offices, medical centres and warehousing. 

We undertook a deeper dive into the Life Sciences component, comprising firms involved in R&D, contract research/trials and medical manufacturing:

• Australia hosts approx 1,500 pharmaceutical and medical technology companies, 55 medical research institutes and 40 universities focused on clinical research
• Collectively, the sector employs ~275,000 staff
• The vast majority of occupiers are located in a cluster of health precincts
• Melbourne and Sydney account for nearly 3/4th of occupier activity

To help occupiers and investors, we have mapped the location of ~130 large organisations  across Brisbane, Melbourne, Perth and Sydney, with a focus on R&D, contract research/trials and medical manufacturing.